The Ghana Stock Exchange had a busy day yesterday, December 9, as investors jumped into the market, buying and selling far more shares than the day before, even though the overall market barely moved.
Traders exchanged a whopping 10,864,447 shares valued at GH¢29.41 million, compared with just 616,052 shares worth GH¢1.23 million on Monday, showing that investor interest is picking up rapidly.
Despite the surge in activity, the GSE Composite Index (GSE-CI) slipped by 2.29 points to 8,628.21, while the GSE Financial Stocks Index (GSE-FSI) dropped 3.15 points to 4,495.51.
For context, the GSE-CI has soared 76.5% year-to-date, and the financial index is up 88.8%, signaling strong growth for 2025 despite day-to-day fluctuations.
Banking stocks once again dominated market attention. Cal Bank (CAL) inched up GH¢0.01 to GH¢0.44, with over 4.37 million shares traded, worth GH¢1.92 million. GCB Bank (GCB) also gained GH¢0.01 to close at GH¢19.51, while Standard Chartered Bank Ghana (SCB) added the same increment, ending at GH¢29.14, trading 3,143 shares in total.
In contrast, Ecobank Transnational (ETI) slipped GH¢0.01 to GH¢0.79, with 70,742 shares changing hands, valued at about GH¢56,048.
Market watchers say yesterday’s trading reflects both energy and caution among investors. The high volume of shares shows that many investors are eager to participate, particularly in the banking sector, which continues to attract attention due to steady performance.
December 9 was a day full of energy and activity at the GSE. While the numbers moved only slightly, the surge in trading volume suggests that Ghana’s stock market continues to grow in both participation and investor enthusiasm, making it an exciting time for anyone watching the market.
